Members’ Swipes Benefit University Athletics

Maine Savings pledges $50,000 donation to Black Bears through branded debit card use.

December 1, 2014

Maine Savings - Andrew Stuebner, John Reed

Maine Savings FCU President/CEO John Reed (right) and Andrew Stuebner, general manager of Black Bear Sports Properties, display an oversized version of the CU's University of Maine Black Bear branded debit card.

If the University of Maine athletic department had a nickel for every time Maine Savings Federal Credit Union members swiped their debit cards…after five years, the Black Bears would have at least $50,000.

Thanks to the $282 million asset credit union in Hampden, this twist on the old expression is a reality.

Maine Savings recently unveiled an exclusive partnership with the university that allows fans of the state’s flagship college program to sign up for the new University of Maine Black Bear debit card.

Each year of the five-year agreement, Maine Savings will contribute a minimum of $10,000 to the university’s Black Bear Fund, which provides assistance on and off the playing field for Maine’s student athletes. The credit union will exceed its guaranteed donation if members combine for more than 200,000 swipes in any year during the deal.

For more images from Maine Savings' card-unveiling festivities—including an autograph session with Detroit Red Wings goaltender Jimmy Howard—click through the additional pages.

Maine Savings - Jimmy Howard

Detroit Red Wings goaltender Jimmy Howard, a former standout at the University of Maine, signs a fan's ceramic Black Bears plate at festivities celebrating Maine Savings' new university-branded debit card.

Maine Savings - John Reed, Jimmy Howard, Karlton Creech

Maine Savings President/CEO John Reed (left) poses with Detroit Red Wings goaltender Jimmy Howard (center), a former University of Maine athlete, and Karlton Creech, athletic director for the Black Bears.

Maine Savings - Banana T. Bear

Maine Savings President and CEO John Reed (right) gives a high-five to Bananas T. Bear, the mascot for the University of Maine's athletic programs.